Farmers expect good crops in Australia According to analysts, the 2022/2023 season in Australia is expected to be a rich wheat crop. Good predictions are also good for rapeseed, here also expect large volumes. Experts note that Australia has excellent conditions for sowing winter crops. Weather conditions are favorable for high and good quality crops, […]
Rapeseed production in Europe will increase this season Analysts of Stratégie Grains revised the forecast for the crop in the territory of the European Union. Rapeseed production in the current marketing year is expected to be 18.5 million tons, this figure is 9% higher than last season. The main factor for the oilseed crop increase […]
Argentine exports of grains and oilseeds increase According to official statistics, last month Argentina‘s exports of oilseeds and grains reached the mark of $3.2 billion. This figure is 17% lower than that observed in the previous period, and 10% less than the same month in 2021. The reason for the decline in supplies experts call […]
Corn yields in Europe did not meet analysts’ forecasts The current agricultural season has proved to be difficult for Europe. A prolonged drought has negatively affected corn yields, which has caused an increase in the price of the crop. According to the latest indicators, the cost of corn, which sells for 352 euros per ton, […]
New rice variety from China increases yields Chinese scientists recently unveiled a new rice variety that produces 40% more yields than the varieties already in use. Researchers at the Academy of Sciences managed to obtain a unique variety by doubling one of the rice genes. These changes at the genetic level made it possible to […]
Crop losses in Germany amounted to 10-12% The current season has been extremely challenging for the agricultural market. Some regions have seen record amounts of rainfall, while others, on the contrary, have suffered from abnormal drought. Among the latter was Germany, where according to analysts’ forecasts the loss of grain harvest amounted to about 10-12%. […]
La Niña is one of the factors of critical price volatility The global agricultural market is going through bad times, which adds to the volatility. For quite a long time there was record volatility in prices, which affected all the key crops, both grains, and oilseeds. The cost of products has reached maximum marks for […]
Safras&Mercado: Brazil’s soybean exports to grow significantly Analysts at Safras & Mercado have conducted a new study of the agricultural market and made their forecast for next year. According to the report, soybean exports from Brazil in 2023 will be 91.5 million tons, 19% more than expected for the current year. The oilseed is expected […]
Kenyan government forced to increase corn imports According to official sources, this year corn imports to Kenya will reach the highest values since 2017. For this purpose, white varieties of grain will be supplied to the country for three months, and a total of 540 thousand metric tons of products are planned to be purchased. […]
Wheat production in Algeria will increase compared to last season The relevant ministry has presented a report on the situation in agriculture. It is predicted that the production of wheat in Algeria could exceed 3 million tons. For comparison, last season local farmers harvested 2 million tons. In addition, experts highly estimate the stock of […]